Search Results for: martin county single family

Florida Townhouses and Condos August 2024 Market Report

09.21.24 by

Florida Townhouses and Condos August 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 14.9% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 19.0% (In July, there was a 10.4% decrease).

Prices were down for August compared to last year. The median sales price was down by 4.3% for August (down by 1.3% in July). And the average sales price increased by 3.7% (was up by 3.0% in July).

The inventory of active listings increased by 74.7% from August last year.  This results in a 7.2-month supply of inventory as compared to a 3.8-month supply for August 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos August 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos August 2024 Market Report

The Meadows Real Estate Market Report September 2024

09.13.24 by

The Meadows Real Estate Market Report September 2024

For September 2024, 13 homes are for sale in the Meadows in Palm City FL.  The list prices range from $305,000 up to $599,900.  This is an average list price of $414,823 which equals $275.07 per sq. ft. of living area.

There are 6 Meadows homes currently under contract.  These homes had list prices ranging from $379,500 up to $500,000.  This is an average list price of $445,733 which is $254.19 per sq. ft. of living space.  These homes averaged 42 days on the market before going under contract.

In the past 12 months, 57 Meadows homes have sold.  Sales prices ranged from a low of $280,000 up to $625,000.  This is an average sales price of $420,680 or $266.17 per sq. ft. of living area.  These homes went under contract in an average of 54 days. And, they sold for an average of 97% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
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The Meadows at Martin Downs is a family-friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4-unit townhouses, and 4-unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows in Palm City Florida
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The Meadows is a guard-gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, a children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit, and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200-square-foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon-to-be-constructed villages of The Meadows.

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a single-family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town-Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as full-time support staff.

The Meadows in Palm City Florida
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HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age-restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Entrance to the Meadows

Search for the Meadows Homes for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

The Meadows Real Estate Market Report September 2024

Florida Townhouses and Condos July 2024 Market Report

08.23.24 by

Florida Townhouses and Condos July 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 20.5%.  New sales under contract (new pending sales) decreased by 10.4% (In June, there was a 7.9% decrease).

Prices were mixed for July compared to last year. The median sales price was down by 1.3% for July (unchanged in June). And the average sales price increased by 3.0% (was up by 2.4% in June).

The inventory of active listings increased by 91.1% from July last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for July 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos July 2024 Market Report
Florida Townhouses and Condos July 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos July 2024 Market Report

Mariner Cay Real Estate Market Report August 2024

08.08.24 by

Mariner Cay Real Estate Market Report August 2024

There is 1 home and 7 condos on the market in Mariner Cay in Stuart FL for August 2024.

The condos have list prices that range from $365,000 up to $499,000. This equals an average list price of $444,286 which is $312.63 per sq. ft. of living space.

The home is listed for $4,295,000 or $1,098.47 per sq. ft. of living area.

1 Mariner Cay home and 1 Mariner Cay condo are currently under contract.

The condo had a list price of $359,900 which equals $226.64 per sq. ft. of living area.  This condo was on the market for 178 days before going under contract. And, the home was listed for $2,280,000 or $904.04 per sq. ft. of living space. This home spent 489 days on the market before going under contract.

In the past 12 months, 5 Mariner Cay condos and 5 Mariner Cay single-family homes have sold.

The condo sales prices ranged from $445,000 up to $490,000.  This equals an average sales price of $463,500 which works out to $313.72 per sq. ft. of living space.  These condos averaged 18 days on the market before going under contract. And, sold for an average of 98% of the list price.

The single-family homes had sales prices ranging from $1,050,000 to $2,200,000. This is an average sales price of $1,519,980 which is $612.83 per sq. ft. of living area.  These homes were on the market for an average of 92 days before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
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Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year-round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing.

Mariner Cay in Stuart Florida

Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida waterways. The marina allows you to take advantage of the 60-mile span between its location and Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to detail seen throughout the Mariner Cay real estate properties.

The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly, and daily (transient) slips are available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers, and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATMs, banks, and grocery shopping close by
  • At least five restaurants within an easy dinghy ride
  • Boat works, one do-it-yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay in Stuart Florida
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With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the property’s benefits. Mariner Cay real estate offers amenities like:  

  • a community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more
Mariner Cay real estate Stuart FL

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities, call us. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Mariner Cay Real Estate Market Report August 2024

Florida Townhouses and Condos June 2024 Market Report

07.24.24 by

Florida Townhouses and Condos June 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 20.5% compared to last month’s decrease of 8.6%.  New sales under contract (new pending sales) decreased by 7.9% (In May, there was a 13.8% decrease).

Prices were up for June compared to last year. The median sales price was up by 0.0% for June (also up by 1.5% in May). And the average sales price increased by 2.4% (was up by 3.1% in May).

The inventory of active listings increased by 91.9% from June last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for June 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos June 2024 Market Report
Florida Townhouses and Condos June 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos June 2024 Market Report

Summerfield Real Estate Market Report July 2024

07.20.24 by

Summerfield Real Estate Market Report July 2024

As of July 2024, 13 homes are on the market in the Summerfield community in Martin County Florida. The list prices range from $450,000 up to $835,000. This is an average list price of $597,292 or $292.62 per square foot of living area.

There are 3 Summerfield homes under contract at this time. The list prices ranged from $589,900 up to $829,900. This equals an average list price of $706,600 which is $303.79 per square foot of living space. These homes were on the market for an average of 75 days before going under contract.

In the past 12 months, 28 Summerfield homes have sold. Sales prices ranged from $405,000 up to $880,000. This works out to an average sales price of $613,596 which equals $295.45 per square foot of living area. These homes averaged 45 days on the market before going under contract. And, the sales prices averaged 98% of the last list price.

Click here to view the previous Summerfield market report

About Summerfield the Home of the Champions Golf Club:

Summerfield in Stuart Florida
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Summerfield is located on over 275 acres. It is the host of a little over 500 single-family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses in the nation by Golf Magazine in 1995.  It is also the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio-designed course is open to the public with very reasonable membership fees. Please visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

Summerfield in Stuart Florida
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The residential section is known as Summerfield  It is a secured gated community with homes ranging in size from smaller 2-bedroom coach homes of around 1500 square feet up to 5-bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities.  It also has a fitness center and a professional 6-court Tennis club. All of these amenities are available at a very reasonable HOA fee of $130.00 a month, along with the convenience of an on-site manager to handle any issues that may arise.

Summerfield in Stuart Florida
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Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, and medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield homes for sale in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Summerfield Real Estate Market Report July 2024

The Florida Club Real Estate Market Report July 2024

07.17.24 by

The Florida Club Real Estate Market Report July 2024

As of July 2024, there are 6 Florida Club homes for sale in Stuart FL. The list prices range from $409,900 up to $830,000. This is an average list price of $535,019 or $288.81 per sq. ft. of living area.

There are 8 Florida Club homes under contract and awaiting closing at this time. The list prices ranged from $405,000 up to $740,000. This is an average list price of $589,963 which works out to $302.19 per sq. ft. of living area. These homes were on the market for an average of 64 days before going under contract.

In the past 12 months, 23 Florida Club homes have sold. Sales prices ranged from $350,000 up to $795,000. This is an average sales price of $553,108 which equals $287.15 per square foot of living area. These homes were on the market for an average of 46 days before going under contract. And, sold for an average of 98% of the list price.

Click here to view the previous Florida Club market report!

About the Florida Club:

The Florida Club in Stuart Florida
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Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta-built golf club community located off Kanner Highway within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estate’s section of the Florida Club featuring larger lots and spacious estate-sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single-family or attached one-story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if they wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally, for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

The Florida Club in Stuart Florida
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Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale, and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes from the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and an A-rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

The Florida Club in Stuart Florida
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The monthly homeowners association fees are $230.00 to $260.00 depending on the section the home is located in. There is also a one-time capital contribution of $600.00 charged for all home buyers. For more information about golf at the Florida Club July 2020 Market Report please visit their website: Florida Club Web Site.

The Florida Club in Stuart

Search links:

Search for all Florida Club Homes for Sale in Stuart Florida

Florida Club Homes for Sale in Stuart Florida

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

The Florida Club Real Estate Market Report July 2024

Sunset Trace Real Estate Market Report June 2024

06.29.24 by

Sunset Trace Real Estate Market Report June 2024

As of June 2024, 11 Sunset Trace homes are for sale in Palm City FL.  The list prices range from $265,000 up to $359,000. This equals an average list price of $310,971 which is $238.92 per sq. ft. of living area.

There are 2 Sunset Trace homes currently under contract.  The list prices were $299,999 and $327,500.  This works out to an average list price of $313,750 which equals $240.54 per sq. ft. of living area.  These homes were on the market for an average of 53 days before going under contract.

In the past 12 months, 37 Sunset Trace homes have sold.  Sales prices ranged from a low of $215,000 up to $380,000.  This equals an average sales price of $296,986 or $227.18 per sq. ft. of living area.  These homes sold for an average of 98% of the list price. And, they were on the market for an average of 42 days before going under contract.

Click here to view the previous Sunset Trace market report!

About Sunset Trace in Palm City FL:

Sunset Trace at Martin Downs in Palm City Florida
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Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants, and medical facilities.  Only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace at Martin Downs in Palm City Florida
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Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area.  Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area.  Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single-family homes with 3 Bedrooms, 2 and ½ baths, and a one-car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, an outdoor racquet and/or handball courts, and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

Sunset Trace at Martin Downs in Palm City Florida
Sunset Trace real estate in Palm City FL
Sunset Trace Townhouse

All ages are welcome in Sunset Trace. Children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control, and security.  Making life in Sunset Trace easy and carefree.

Sunset Trace Townhouse
Sunset Trace in Palm City FL

Search here for Sunset Trace homes for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Sunset Trace Real Estate Market Report June 2024

Florida Townhouses and Condos May 2024 Market Report

06.22.24 by

Florida Townhouses and Condos May 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 8.6% compared to last month’s increase of 1.9%.  New sales under contract (new pending sales) decreased by 13.8% (In April, there was a 4.3% decrease).

Prices were up for May compared to last year. The median sales price was up by 1.5% for May (also up by 3.1% in April). And the average sales price increased by 3.1% (was up by 8.2% in April).

The inventory of active listings increased by 91.3% from May last year.  This results in a 7.2-month supply of inventory as compared to a 3.6-month supply for May 2023.  We have slipped into a buyer’s market for Florida townhouse and condo sales after a long period of being in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos May 2024 Market Report
Florida Townhouses and Condos May 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos May 2024 Market Report

River Watch Real Estate Market Report June 2024

06.20.24 by

River Watch Real Estate Market Report June 2024

For June 2024, no homes are available for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.

There are also no River Watch homes currently under contract.

There have been 2 River Watch sales in the past 12 months. The sales prices were $630,000 and $980,000. This is an average sales price of $805,000 which equals $447.11 per sq. ft. of living area. These homes were on the market for an average of 26 days before going under contract. And, the sales prices averaged 100% of the last list price.

Click here to view recent River Watch market reports!

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island in Jensen Beach Florida
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River Watch is located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line.  These are single-family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area.  Many homes have private docks and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community off of Aqua Ra Road which accesses both subdivisions from A-1-A.

Most of these homes are waterfront with access to the Intracoastal Waterway.   Suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors.   Thus, only human or electric power for that initial stretch of water.

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island. Simply by walking across the street to their private beach. Or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable HOA fee which includes your landscaping as well as basic cable TV.

An excellent location makes it easy to go grocery shopping, boating, and spend days on the beach, and restaurants.  Enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch homes for sale on Hutchinson Island

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

River Watch Real Estate Market Report June 2024

River Marina Real Estate Market Report May 2024

05.24.24 by

River Marina Real Estate Market Report May 2024

For May 2024, there are 2 homes available for sale in River Marina in Stuart FL. The list prices are $375,000 and $489,900. This is an average list price of $432,450 or $263.73 per sq. ft. of living area.

There is only 1 River Marina home currently under contract. The list price was $358,000 which is $230.56 per sq. ft. of living space. This home was on the market for 13 days before going under contract.

In the past 12 months, 14 River Marina homes have sold.  Sales prices ranged from $335,000 up to $490,000.  The average sales price was $374,957 which works out to $231.08 per sq. ft. of living area.  These homes sold on average for 97% of the list price. And, they went under contract in an average of 36 days after going on the market.

Click here to view the previous River Marina market report!

About River Marina in Stuart FL:

River Marina in Martin County Florida
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River Marina is a newer community consisting of 84 single-family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single-family homes in River Marina are in a gated enclave.

River Marina in Martin County Florida
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Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3-bedroom townhomes are available with 1627 sq. ft. of living area and a 1-car garage. There’s a community pool and easy access to recreational areas.

New townhomes feature 3 bedrooms, 2 and 1/2 bathrooms, and a single-car garage with granite countertops and stainless steel appliances.   Priced attractively for today’s market.  For a new buyer discount program, please contact Gabe Sanders for details.

River Marina in Martin County Florida

Search for homes and townhomes for sale in River Marina

River Marina homes for sale in Stuart FL

River Marina real estate in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

River Marina Real Estate Market Report May 2024

Florida Townhouses and Condos April 2024 Market Report

05.23.24 by

Florida Townhouses and Condos April 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly stronger sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were up by 1.9% compared to last month’s decrease of 16.6%.  New sales under contract (new pending sales) decreased by 4.3% (In March, there was a 12.6% decrease).

Prices were up for April compared to last year. The median sales price was up by 3.1% for April (also up by 3.1% in March). And the average sales price increased by 8.2% (was up by 1.5% in March).

The inventory of active listings increased by 84.5% from April last year.  This results in a 6.9-month supply of inventory as compared to a 3.5-month supply for April 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos April 2024 Market Report
Florida Townhouses and Condos April 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos April 2024 Market Report

Coral Lakes Real Estate Market Report May 2024

05.21.24 by

Coral Lakes Real Estate Market Report May 2024

For May 2024, there is 1 home available for sale in Coral Lakes in Stuart FL. The list price is $710,000 which is $389.25 per sq. ft. of living space.

There are no Coral Lakes homes currently under contract.

3 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $500,000 up to $700,000.  This equals an average sales price of $620,000 which works out to $287.46 per sq. ft. of living area. These homes were on the market for an average of 103 days before going under contract. And, they sold for an average of 95% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
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The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart Florida
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There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Other than a storage lot for boats, RVs, and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart Florida
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The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available for sale.

Search for Coral Lakes real estate in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Coral Lakes Real Estate Market Report May 2024

Conquistador Real Estate Market Report May 2024

05.15.24 by

Conquistador Real Estate Market Report May 2024

Homes:  There are no homes currently on the market in Conquistador Estates.

There is 1 Conquistador home currently under contract. The list price was $449,000 which equals $298.14 per sq. ft. of living area. These homes averaged 43 days on the market before going under contract.

3 Conquistador homes have sold in the past 12 months. The sales prices ranged from $485,000 up to $527,500. This works out to an average sales price of $504,167 or $259.63 per sq. ft. of living space. These homes averaged 98 days on the market before going under contract. And, they sold for an average of 95% of the last list price.

Condos: There are currently 11 condos for sale in Conquistador.  The list prices range from $210,000 up to $289,000. This is an average list price of $258,000 or $242.63 per sq. ft. of living area.

There are 6 Conquistador condos under contract at this time. The list prices ranged from $165,000 up to $289,000. This is an average list price of $216,150 which works out to $187.48 per sq. ft. of living area. These condos averaged 147 days on the market before going under contract.

In the past 12 months, 17 Conquistador condos have sold.  Sales prices ranged from $165,000 up to $310,000.  The average sales price was $240,641 which equals $232.07 per sq. ft. of living area. These sales averaged 97% of the list price. And, they went under contract in an average of 77 days after being listed.

Click here to view the previous Conquistador market report!

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida

Conquistador homes and condos for sale:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River which is only minutes from the Atlantic Ocean beaches and right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, and medical facilities.

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their individual pool areas, barbecue areas, or the main clubhouse pool.

Conquistador real estate in Stuart Florida

Recent Conquistador sales:

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library, and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities this jewel of the Treasure Coast has.

Conquistador real estate in Stuart Florida
Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

Search for Conquistador homes and condos in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Conquistador Real Estate Market Report May 2024

Oakbrooke Estates May 2024 Market Report

05.08.24 by

Oakbrooke Estates May 2024 Market Report

For May 2024, there is 1 home for sale in the Oakbrooke Estates community of Palm City in Martin County. The list price is $995,000 or $269.65 per sq. ft. of living space.

There are no Oakbrooke Estates homes currently under contract.

In the past 12 months, there have been no Oakbrooke Estates home sales.

Click here to view previous Oakbrooke Estates market reports!

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City Florida
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Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single-family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft., and all these homes come with 3 car garages.

Oakbrooke Estates real estate in Palm City Florida
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Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees cover the common areas, security gate, trash pickup, and basic cable TV.

Recent Oakbrooke Estates home sales:

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools.

A wonderful family-friendly community of newer Palm City Homes.

Oakbrooke Estates real estate in Palm City FL

Check here to see if any Oakbrooke Estates homes are available for sale

Search for Oakbrooke Estates homes for sale in Palm City FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Oakbrooke Estates May 2024 Market Report

Florida Townhouses and Condos March 2024 Market Report

04.19.24 by

Florida Townhouses and Condos March 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 16.6% compared to last month’s decrease of 2.5%.  New sales under contract (new pending sales) decreased by 12.6% (In February, there was a 4.8% decrease).

Prices were up for March compared to last year. The median sales price was up by 3.1% for March (was up by 3.2% in February). And the average sales price increased by 1.5% (was up by 3.4% in February).

The inventory of active listings increased by 77.9% from March last year.  This results in a 6.6-month supply of inventory as compared to 3.4-month for March 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos March 2024 Market Report
Florida Townhouses and Condos March 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos March 2024 Market Report

The Estuary Real Estate Market Report April 2024

04.10.24 by

The Estuary Real Estate Market Report April 2024

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2024 real estate market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no Estuary homes currently under contract.

In the past 12 months, 4 Estuary homes have sold.  Sales prices ranged from $515,000 up to $1,120,000.  This equals an average sales price of $677,000 which works out to $324.69 per sq. ft. of living area. These homes sold for an average of 96% of the list price. And, went under contract in an average of 69 days.

Condos

There is 1 condo currently for sale in the Estuary. The list price is $277,900 which is $269.81 per sq. ft. of living area.

There are 2 Estuary condos currently under contract. The list prices were $249,999 and $269,900. This works out to an average list price of $259,950 or $259,950 per sq. ft. of living space. These condos were on the market for an average of 20 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $245,000 up to $495,000.  This equals an average sales price of $307,250 which works out to $267.88 per sq. ft. of living area.  These condos averaged 51 days on the market before going under contract. And, sold for an average of 93% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida, and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980s vintage homes, to newer villas as well as waterfront homes with deep water docks.


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

The Estuary real estate in Stuart FL

Different sections of the Estuary include well-appointed 2 and 3-bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes, and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary real estate in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail, and the western section of NW 21st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County, and the State of Florida please click on this link.

The Estuary Real Estate Market Report April 2024

The Meadows Real Estate Market Report March 2024

03.25.24 by

The Meadows Real Estate Market Report March 2024

There are currently 10 homes for sale in the Meadows in Palm City FL.  The list prices range from $328,000 up to $549,000.  This is an average list price of $427,490 which equals $275.67 per sq. ft. of living area.

There are 12 Meadows homes currently under contract.  These homes had list prices ranging from $289,900 up to $599,900.  This is an average list price of $441,975 which is $273.87 per sq. ft. of living space.  These homes averaged 41 days on the market before going under contract.

In the past 12 months, there have been 51 Meadows home sales.  Sales prices ranged from a low of $274,900 up to $610,000.  This is an average sales price of $404,052 or $262.90 per sq. ft. of living area.  These homes went under contract in an average of 55 days. And, they sold for an average of 97% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
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The Meadows at Martin Downs is a family-friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4-unit townhouses, and 4-unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows in Palm City Florida
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The Meadows is a guard-gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, a children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit, and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200-square-foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon-to-be-constructed villages of The Meadows.

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a single-family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town-Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as full-time support staff.

The Meadows in Palm City Florida
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HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age-restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Entrance to the Meadows

Search for the Meadows Homes for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

The Meadows Real Estate Market Report March 2024

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos February 2024 Market Report

Emerald Lakes Real Estate Market Report March 2024

03.18.24 by

Emerald Lakes Real Estate Market Report March 2024

For March 2024, there are 7 homes for sale in Emerald Lakes in Stuart FL.  The list prices range from $289,990 and $509,000. This equals an average list price of $374,641 which is $237.94 per sq. ft. of living area.

There are 5 Emerald Lakes homes currently under contract. List prices ranged from $289,999 up to $419,900. This is an average list price of $358,920 which is $255.53 per sq. ft. of living area. These homes and townhomes averaged 89 days on the market before going under contract.

In the past 12 months, there have been 30 Emerald Lakes sales.  Sales prices ranged from $250,000 up to $435,936.  This works out to an average sales price of $334,925 or $236.80 per sq. ft. of living space.  These sales averaged 98% of the list price. And, these homes were on the market for an average of 27 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart Florida
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The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida, and consists of 400 2 and 3-bedroom townhomes and 130 single-family villas.  The townhomes and villas are governed by two separate homeowners associations yet share many of the same amenities.

Emerald Lakes real estate in Stuart FL

Spread over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools, and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

 

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas, and beaches, and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only slightly over an hour to the south and Disney World is just over 2 hours to the north.  It’s a perfect location!

Emerald Lakes real estate in Stuart FL

Residents of Emerald Lakes enjoy the good life with low HOA fees and excellent management staff for both Home Owners’ Associations.

Emerald Lakes Town Homes and Villas in Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Emerald Lakes Real Estate Market Report March 2024